Eastern Airlines

BRIEFCASE

April 4, 1990

PLAN REJECTED. Eastern Airlines' unsecured creditors voted unanimously Tuesday to reject the carrier's latest reorganization proposal and seek the appointment of a special trustee to sell Eastern, sources said. The move reflects the creditors' increasing exasperation recently over Eastern's heavy operating losses and its plans to repay only 25 percent of the $980 million it owes them, sources said.